350 Terry Street, Longmont, CO

Property Type Office - General Office
Property Size 50,341 SF
Lot Size 1.68 Acre
Parking Spaces Avail. 156
Parking Ratio 3.10/ 1,000 SF
Property Tenancy Multi-Tenant
Building Class B
Year Built 1963

Location

Map
Street

City Longmont, CO
Neighborhood Longmont
Zip Code 80501
Market Denver

Contacts

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Owner

True Owner
Registered Owner

Tenants

Suite Name	Tenant	Leased Space	Rent Price	Lease Type	Space Type	Lease Term
370 17th Street #5500	MERRILL, (303) 446-5500	23,824 SF	$23/SF/YR	Modified Gross	General Office	11/01/2014- N/A
370 17th Street #6000	Morrison & Foerster, (303) 592-1500	10,710 SF	$26/SF/YR	Full Service	General Office	08/01/2013- 07/31/2023

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Documents

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Sales

Purchase Date 09 Sep, 2014
Purchase Price
Arm's Length True
Buyer Name

Mortgages

Current Lender
Loan Amount
Loan Origination Date
Loan Maturity Date

Market Trends

Average Actual Rents in Longmont

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent

Net Rent

$44.3/SF/YR

Recoverables Show detailsHide details

$16.7/SF/YR

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Occupancy & Leasing Activity

Occupancy

83.5%

Lease Spread

-20.5%

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Asking Rents in Longmont Office Market

Office rental rates are based on aggregated data of asking rates.

2020 Avg. Asking Rent $18.33
2020 Office Vacancy Rate 18.67%
2020 Office Completions (SF)

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Tax

Property Tax in 2020 $98,952
Market Value* $3,340,700
Assessed Value $3,340,700

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*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 350 Terry Street?

350 Terry Street totals 50,341 square feet.

When was this property built?

350 Terry Street was built in 1963.

When was 350 Terry Street last sold?

350 Terry Street was last sold on 09 Sep, 2014.

What is the property tax for 350 Terry Street?

The property tax for 350 Terry Street in 2020 was $98,952.

What is the market value for 350 Terry Street?

The market value* for 350 Terry Street in 2020 was $3,340,700.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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